Fundraising Fox
Factory
Unicorn · $5BSan Francisco, US · 65 employees · 30 known investors
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Factory is an agent-native software development platform whose "Droid" agents plan, build, review, test, and ship production software across tools like the CLI, desktop, web, Slack, Microsoft Teams, Jira, Linear, and CI. It is aimed at engineering teams looking to delegate defined software tasks such as backlog work, pull request reviews, test generation, and incident investigation.
Also known as Factory · Factory AI
Founders & leadership
Investors · 30
How we know: Abstract Ventures's portfolio page · factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: BBQ Capital's portfolio page · Not right? Tell us
How we know: boxgroup.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Coral Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Khosla Ventures's portfolio page · factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · open dataset · 5k.vc investor directory · nvidia.com · Not right? Tell us
How we know: Sequoia Capital's portfolio page · factory.ai · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Tenacity Capital Global's portfolio page · Not right? Tell us
How we know: Wipro Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: factory.ai · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: techcrunch.com · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Also in the syndicate · 3
Funding
SEC filings, press & company announcements$350M disclosed across 2 of 4 rounds · 2025–2026
- $200MraisedSep 2026 · 6 sources
Blackstone (lead), Insight Partners (lead), Khosla Ventures (lead), Sequoia Capital (lead), Clearlake, Evantic Capital, Mantis VC, NEA, Sound Ventures
Source ↗ - $150MSeries CApr 2026
Khosla Ventures (lead), 20VC, Blackstone, Evantic Capital, Insight Partners, Mantis VC, NEA, Sequoia Capital
Source ↗ - Undisclosed amountSeries BSep 2025
Abstract Ventures (lead), J.P. Morgan (lead), Mantis Ventures (lead), NEA (lead), Nvidia (lead), Sequoia Capital (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Factory (factory.ai) develops AI-powered software engineering tools intended to automate work across the software development lifecycle. The company positions its offering as an "autonomy stack" for enterprise engineering organizations, described on its website as agent-native software development, and provides a downloadable client alongside a web application that users log in to.
The company markets to engineering teams and directs prospective buyers through a contact-sales motion, indicating an enterprise sales approach. Its website lists organizations it says use the product, including Blackstone, Adyen, Wipro, Groq, Chainguard, You.com and Podium, spanning financial services, payments, IT services and consulting, AI infrastructure, software security, and technology companies.
Business model
Factory sells its software development automation tooling to enterprise engineering organizations, with access via a downloadable application and a web login and a "Contact Sales" path for prospective customers.
▸Full profile — market position, technology, go-to-market, geography
Market position
The company presents itself as supplying an autonomy stack for enterprise engineering teams, citing usage by organizations such as Blackstone, Adyen, Wipro, Groq, Chainguard, You.com and Podium.
Technology
AI agent-based systems applied to software development tasks, described by the company as agent-native software development.
Go-to-market
Enterprise direct sales, with a contact-sales entry point on the company website and self-serve product download and web login for users.
Software engineers and enterprise engineering teams, including global systems integrators and AI labs.
Geography
Headquartered in San Francisco, United States; named customers include companies based in Europe and Asia-headquartered IT services firms.
Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
2 people who came through Factory went on to found or lead other companies.
Related companies · 6
Companies working in the same space as Factory.
In the news
▸Research sources · 3
primary sources listed
- Automating software developmentfactory.ai · web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Factory do?
- Factory builds agent-native software development tooling for enterprise engineering teams.
- Who founded Factory?
- Factory was founded by Matan Grinberg, Eno Reyes.
- Who are Factory's investors?
- Factory's investors include Abstract Ventures, BBQ Capital, BoxGroup, Coral Capital, GTM Capital, Khosla Ventures, Litquidity Ventures, Mantis Capital and 19 more.
- How much funding has Factory raised?
- Factory has disclosed $350M raised across 2 of its 4 known rounds.
- Where is Factory headquartered?
- Factory is headquartered in San Francisco, US.